A launch vehicle is a set of various subsystems. Although the engine often attracts attention, actuators for nozzle control, electronic systems for direction determination, stage separation mechanisms, and structural elements for holding the satellite until release are necessary for the correct functioning of the rocket.
Previously, most components for India's space program were supplied by a narrow range of suppliers operating according to ISRO specifications, while more specialized elements were imported. New private companies in this sector faced the need to obtain the same components as they lacked their own production base.
AADYAH Aerospace was founded in Bengaluru in 2016. Its founders include Sundararajan Varadhan, who previously worked at the Spanish engineering group SENER, and Pradip Kumar, a retired director of the Vikram Sarabhai Space Research Centre at ISRO with experience in propulsion systems. Shaju Stephen serves as Chairman and Managing Director.
The company positions itself as a supplier of subsystems, not as a launcher or satellite operator. It designs, prototypes, and manufactures components, serving clients in Europe, the USA, Israel, Singapore, and Australia, as well as in India, supplying subsystems to organizations that build rockets and satellites themselves.
The most obvious area is thrust vector control. The rocket controls its direction by moving the engine nozzle, and AADYAH creates the actuators that enable this movement, along with corresponding sensors and control electronics.
In its reporting to IN-SPACe, the government body sanctioning private space activities, the company also lists satellite systems and avionics. In its corporate profile, the business describes the development of thrust vector deflection systems, flexible nozzles, flow control systems, and onboard avionics for launch vehicles, as well as onboard computers, electronic control units, reaction wheels, solar sensors, and star trackers for satellites.
On its website, the company mentions ISRO alongside private launch companies in India, the UK, and France, although it does not specify which components it supplies to each of these organizations. In 2018, AADYAH received the National Award for Technological Innovation for its work on spacecraft separation systems.
According to IN-SPACe data, the company has 86 employees. The company has its own testing facilities in Bangalore, including a system testing laboratory, as well as an installation for load and no-load testing of thrust vector control mechanisms, control electronics, and avionics.
AADYAH attracted its first external investment in 2016 and spent the following decade using angel capital. In 2017, the seed round was led by the Bengali branch of Keiretsu Forum, raising about 6.5 crore rupees, and was supported by SiriusOne. Databases record up to 13 rounds before the Series A round.
In June 2026, the company raised 31.5 crore rupees in a Series A round led by Helios Holdings, which contributed 30.5 crore rupees through Suraj Nalin, while angel investor Minu Sharma contributed 1 crore rupees. Entrackr, citing regulatory documents, reported that the board of directors approved just over 30.9 lakh preferred shares at a price of 101.87 rupees per share.
According to the documents, these funds are intended for the company's acquisition in the United States, as well as for working capital and production. The acquisition will allow AADYAH to gain a presence in the American market instead of only having export relations with it.
Operating revenue for the year ended March 31, 2025, was 14.12 crore rupees, which was 9% less than the 15.53 crore rupees from the previous year. The company reported a profit of 1.47 crore rupees, compared to a loss of 35 lakh rupees in the previous year. Results for the year ending March 31, 2026, have not yet been presented.
Entrackr valued AADYAH at approximately 206 crore rupees after this round, higher than the approximately 163 crore rupees before the Series A round. The publication noted that this funding might be part of a larger ongoing round, which would change the final figure.
A New Mexico court ordered Meta to pay $567 million because the social network failed to provide adequate public warnings about risks to children. This marks the largest fine imposed on the company regarding this issue.
The fine amount increased to a total of $942 million, up from a previous fine of $375 million. Judge Brian Bidshay characterized the platform's consequences as 'mass harm' and ordered that the received funds be used to mitigate future risks.
The volume of loans that are delayed in repayment in the banking system of Uzbekistan amounts to 22.94 trillion soums. More than seventy percent of these loans were issued by state banks.
The Fiat Strada reached the milestone of 100 thousand units sold in Brazil in the accumulated total for 2026, according to Stellantis on Monday, the 10th, with this mark being achieved in early August.
This volume consolidates the compact pickup truck as the best-selling vehicle in the country, surpassing not only its category but also other segments, maintaining this position since 2021.
In July alone, the Strada registered 97,948 registrations, leading all light vehicles and automobiles in the market. According to Fenabrave data, the difference from the second-place finisher in the general ranking, the Volkswagen Polo, is 52%, with 14,912 units sold just that month.
The pickup is heading towards its sixth consecutive title as market leader in Brazil, having been the leader between 2021 and 2025, a period in which it accumulated 142,903 registrations in a single year. Furthermore, the manufacturer reported that in 2025, the Strada was the best-selling car in South America.
The model's success is due to its history of evolution. Since its introduction to the market in 1998, the Strada has improved its functionalities to go beyond purely professional use. The extended cabin version appeared in 1999, followed by the double cabin in 2009. A significant advance occurred in 2013 when the model began to offer a third door, something unprecedented in the category, which improved access to the second row of seats.
The current generation, launched in 2020, brought another major change, becoming the first compact pickup in the country with four doors and capacity for five passengers, in addition to incorporating electronic stability control in the segment. In 2021, the Strada began offering the CVT automatic transmission among smaller pickups, and in 2023, it received the 1.0 Turbo 200 flex engine, which delivers 130 hp and 20.4 kgfm with ethanol.
The most recent update occurred in January of this year, when the Ranch and Ultra versions started including the Connect Fiat system. This platform allows users to check vehicle data remotely, perform real-time tracking, and request assistance or emergency services via smartphone.
Currently, the Strada is marketed in five versions, including the Cabine Plus and Cabine Dupla options. The Cabine Plus configurations support up to 720 kg and have a bed capacity of up to 1,354 liters, while the Cabine Dupla models support up to 650 kg and have a volume of 844 liters. All versions maintain a towing capacity of 400 kg. The line uses the 1.3 Firefly flex engine, with 107 hp and 13.7 kgfm with ethanol, or the 1.0 Turbo 200 engine, exclusive to the higher-standard versions.
